FIAX vs CWS

Comparison between NICHOLAS FIXED INCOME ALTERNATIVE ETF (FIAX, ETF) and ADVISORSHARES FOCUSED EQUITY ETF (CWS, ETF).

FIAX vs CWS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FIAX(ETF)	CWS(ETF)
Net Assets	$133M	$133M
Expense Ratio	0.97%	0.65%
Max Drawdown	13.81%	33.82%
Sharpe Ratio	0.25	-0.14
5Y Beta	0.15	0.67
P/E Ratio	N/A	23.50
Forward P/E	N/A	19.79
PEG Ratio	N/A	0.68
5Y Dividends CAGR	N/A	32.22%
5Y EPS CAGR	N/A	24.56%
Debt to Equity	N/A	47.52%
P/S Ratio	N/A	1.40
P/B Ratio	N/A	5.65

Net Assets

FIAX

$133M

Winner

CWS

$133M

Expense Ratio

FIAX

0.97%

Winner

CWS

0.65%

Max Drawdown

Winner

FIAX

13.81%

CWS

33.82%

Sharpe Ratio

Winner

FIAX

0.25

CWS

-0.14

5Y Beta

Winner

FIAX

0.15

CWS

0.67

P/E Ratio

FIAX

N/A

CWS

23.50

Forward P/E

FIAX

N/A

CWS

19.79

PEG Ratio

FIAX

N/A

CWS

0.68

5Y Dividends CAGR

FIAX

N/A

CWS

32.22%

5Y EPS CAGR

FIAX

N/A

CWS

24.56%

Debt to Equity

FIAX

N/A

CWS

47.52%

P/S Ratio

FIAX

N/A

CWS

1.40

P/B Ratio

FIAX

N/A

CWS

5.65

FIAX vs CWS - Historical Returns

Returns include dividend reinvestment.

Period	FIAX	CWS
1 month	+0.38%	+2.24%
3 months	+2.43%	+5.14%
6 months	+1.33%	-1.52%
1 year	+4.52%	+0.72%
5 years(CAGR)	N/A	+8.62%
10 years(CAGR)	N/A	+11.45%
Max(CAGR)	+3.26%	+11.45%

FIAX

+0.38%

Winner

CWS

+2.24%

FIAX

+2.43%

Winner

CWS

+5.14%

Winner

FIAX

+1.33%

CWS

-1.52%

Winner

FIAX

+4.52%

CWS

+0.72%

5Y(CAGR)

FIAX

N/A

CWS

+8.62%

10Y(CAGR)

FIAX

N/A

CWS

+11.45%

Max(CAGR)

FIAX

+3.26%

Winner

CWS

+11.45%

FIAX vs CWS - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FIAX	CWS
2026	+1.33%	+0.22%
2025	+2.71%	+6.52%
2024	+4.87%	+10.75%
2023	+3.44%	+24.69%
2022	-0.30%	-8.78%
2021	N/A	+23.04%
2020	N/A	+17.50%
2019	N/A	+30.28%
2018	N/A	-6.53%
2017	N/A	+19.95%
2016	N/A	+3.01%

FIAX vs CWS Drawdown Comparison

The maximum drawdown for FIAX was -6.26%, occurring on Apr 21, 2025. Recovery took 229 trading sessions.

The maximum drawdown for CWS was -33.82%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current FIAX drawdown is -0.15%. The current CWS drawdown is -4.21%.

Rank	FIAX	CWS
#1	-6.26% Dec 11, 2024 - Nov 11, 2025	-33.82% Feb 19, 2020 - Aug 12, 2020
#2	-2.97% Aug 31, 2023 - Dec 8, 2023	-24.87% Dec 31, 2021 - Jun 15, 2023
#3	-2.40% Feb 10, 2026 - Apr 15, 2026	-18.40% Sep 13, 2018 - Jun 5, 2019
#4	-1.98% Nov 7, 2024 - Nov 29, 2024	-16.56% Nov 29, 2024 - Jan 12, 2026
#5	-1.71% Feb 1, 2024 - May 15, 2024	-13.07% Aug 1, 2023 - Dec 1, 2023
#6	-1.52% Dec 1, 2022 - Feb 23, 2023	-11.92% Jan 16, 2026 - Mar 30, 2026
#7	-1.52% May 6, 2026 - May 19, 2026	-9.59% Jan 29, 2018 - Jul 26, 2018
#8	-1.21% Oct 14, 2024 - Nov 7, 2024	-6.59% Sep 2, 2020 - Oct 9, 2020
#9	-1.14% Jan 15, 2026 - Feb 9, 2026	-6.48% Oct 14, 2020 - Nov 6, 2020
#10	-1.12% Nov 11, 2025 - Nov 26, 2025	-6.20% Mar 28, 2024 - May 15, 2024
#11	-1.08% Aug 23, 2024 - Sep 13, 2024	-6.11% Sep 2, 2021 - Oct 29, 2021
#12	-0.93% Jul 31, 2024 - Aug 13, 2024	-5.77% Jan 8, 2021 - Mar 15, 2021
#13	-0.71% Sep 19, 2024 - Oct 14, 2024	-4.79% Apr 23, 2021 - Jul 29, 2021
#14	-0.69% Aug 14, 2023 - Aug 28, 2023	-4.51% Sep 22, 2016 - Nov 10, 2016
#15	-0.65% Apr 17, 2026 - May 6, 2026	-4.34% Jul 26, 2019 - Sep 6, 2019

Correlation

Correlation between FIAX and CWS is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2016 - 2026)

FIAX vs CWS dividend yield comparison.

Year	FIAX	CWS
2026	3.36%	0.00%
2025	8.17%	0.31%
2024	8.11%	0.59%
2023	4.81%	0.25%
2022	0.00%	0.50%
2021	0.00%	0.16%
2020	0.00%	0.27%
2019	0.00%	0.39%
2018	0.00%	2.07%
2017	0.00%	0.29%
2016	0.00%	0.03%